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of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
's headlines about the campaign's big haul and tell you why we're a tad underwemed. >> >> dyou got to check the sel date, it's wednesday, july 13th, 2013. i'm chuck todd, an unbelievable hump day, feels like it's forever bigger here in washington, where i begin my first read this morning. it's the beginning of the end game for negotiations on the federal debt. with pessimism building that leerds will produce a deal and avoid default mitch mcconnell proposed plan c, a contingency, what i like to call the hail mary punt. he set the stage on the senate floor with this pretty rough attack on the president. >> after years of discussions and months of negotiations, i have little question that as long as this president is in the oval office a real solution is probably unattainable. >> mr. mcconnell said the day i was elected that his job was to try to see me beat. i'll have to explain how it is that we're going to avoid default because i'm going to be president here for at least another year and a half. >> right after that interview, mcconnell unveiled this plan c. he would hand over to the presid
that tim geithner and his chief economist, gene sperling, and jack lou were making one more big push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president does seem to be doing is what you just said, is making his position appear to be the one who wants to do the big move on deficit reduction, and forcing these republicans to back away from big deficit reduction, thereby, he hopes, neutralizing deficit reduction as an issue against him in the presidential campaign. >> well, look, he's talked about deficit reduction all the way through. but remember, it's not just his position here. it's 2/3 of the american public. we have a slew of polls here saying that 2/3 of the american people wan
something big done. the president has made it clear he wants to do something substantial. >> sean: that was budget director lew talking about the debt negotiations. he says the president wants to do something substantial. we found out how hollow that pledge is. the administration announced if the republicans cut cap and balance pledge were to pass the house and senate, president crybaby would veto this the plan gaining momentum tackles america's fiscal crisis making mandatory spending reductions that would reduce the deficit, cap spending at 18% of the gdp and send to the states a balanced budget amendment to the u.s. constitution. those measures would prevent this president from pursuing his reckless tax and spend agenda, which explains why he's opposed to it. joining me with his take south carolina senator lindsey graham. how are you? >> good, thanks for having me. >> sean: it is simple to me. this is the moment of truth. they election in 2010, the biggest mid term in 70 years. i'll quote president obama, we won, conservatives won. cut, cap and balance, do you support it? >> tot
planned recess next week for the 4th of july. >> mitch mcconnell making a big deal of inviting the president for a chat with no notice with the knowledge he already had plans. >> the president said he wasn't going to change his plaque plans to meet with mitch mcconnell. >> he also invited the president to hear what would not pass. >> is it logic? the republicans are not big on logic. >> if they don't this time, the full faith and credit of the u.s. will be in peril. >> if we don't do that -- wait, what happens again? >> armageddon. >> armageddon. >> armageddon. >> democrats are saying yes to michele bachmann. >> i'm not surprised by how well michele bachmann has done. she comes across as a real person. >> real human moments. very compelling to voters. >> obama's got some magic. >> with the wink and a hug, she's made the majority of the gop field disappear. >> king james called napoleon and together decided to kill america. they sent the nina, pina, and santa maria to fight. >>> and yes to stephen colbert. >> i'm sorry to say, ladies and gentlemen, we won! [ applause ] >> it's s
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
the moments. americans are outraged you have to big chunk of americans that still believe that she was guilty in this case and even though she was proven not guilty, many say that doesn't mean she was innocent. and protesters were out there, outside of the jail, waiting for casey to leave just outraged take a listen to what some people were saying. >> we're just out here, we don't care if it's raining, where the thunder is, we're out here. >> it's an important thing to boycott casey, that she gets no money, protest that this kill ser getting out. that she had such a jury trial that was as much a joke. six-year-old would have made a more conscientious decision. >> sheet's definitely guilty. >> and dave mentioned the facebook, there's the i hate casey anthony facebook page. 45,000 now. >> dave: it's up now 48,755 and i would imagine that list will continue to grow throughout the days and weeks ahead. >> clayton: another one, an f-casey anthony page. more than 775,000 individuals on that. so they were choosing between the two facebook pages the i hate casey anthony page and another one. >> ainsl
a piece of legislation, so stay tuned. bill: we shall. it will be a big deal come next week. jason chaffetz, thank you, out of utah. martha: another day at the office, really. one group of workers, union workers, just sort of, you know, having a joke, a little smoke, booze, at the lunch hour. you know? the same kind of stuff we do around here, bill. one reporter got up close and personal. this is fascinating. bill: they don't have us on camera, though. martha: thank goodness! bill: team usa, world cup final, sunday at 2:00, what a day this was, abby wombach, she's like a superhero. martha: love her. bill: that header put her one up, team usa will play japan for all the marbles. martha: love it. bill: sunday afternoon. go usa! back in a moment. bill: some stories developing in "america's newsroom", there is new violence erupting in pakistan, gunmen in the streets of karachi, opening fire, leaving seven dead and more than two dozen injured. >>> dozens of suspects connected to the mexican mafia in custody after a huge gang raid in california. the mexican mafia, considered the oldest a
to rein in big government spending and prevent tax increases. >> the majority of the house has to approve spending and that's tremendous leverage. we should use it. >> a political analyst says it has an impact on how far g.o.p. speaker john boehner can go in debt negotiation. >> the existence of the freshmen linked creditability to john boehner when he says there are not enough votes for tax increase. >> reporter: president obama is also feeling the pressure from the left flank saying that social security and medicare may need modification to sustain them for the future generation. >> if there is a reasonable deal to be had on it, one i'm willing to pursue. >> that got a strong pushback from nancy pelosi and other liberals. >> today, the democratic women of congress have come together to send a clear message. we must protect medicare and social security. we will not support cuts. >> reporter: if there are cuts to the program in a final deal, it will be a tough sell to the president with the liberal base, which sees itself as cardigan of the entitlement. molly henneberg, fox news. >> shann
question is whether they can move, pasoo move past thinking about this big deal, move towards the possibility of a 2 1/2 trillion dollars deal, and whether they can come to some conclusion that that's not going to work, it's not going to get past the house, if it has any tax increases. that's the bottom line. we've heard it from speaker boehner on my show yesterday. it's just a matter of head counting. and now you have senator mcconnell's plan out there that he describes as a last ditch effort, but it's already getting praised by democrats like senator reid and house speaker nancy pelosi, so the going bet now inside washington is that they'll continue to talk to try to get to some bigger deal, but that the escape valve is there and it may be in the form of senator mcconnell's potential. martha: that raises a lot of questions about how a deal that looks like that would do in the house. and we heard president obama last night in an interview basically saying if they don't come to a deal, social security checks are in jeopardy, as westerly as august 3rd. here's a piece of sound,
with fake documents to get real passports and then come to the u.s. and a big part of the problem is that countries aren't sharing information with each other. part of this government accountability office report says "even when countries have terrorist screening information, they may not have reciprocal relationships to share such information or other traveler information such as passenger airline lists with other countries to limit the ability of preventing travel of known or suspected terrorists." even though a passport can't kill someone, it can help a bad guy get in position to do some serious damage. >> travel documents are the same as weapons to terrorists. they can't carry out their plots without them. with our partners, and again, some of that is out of our control. we're closer to a c. >> and this gao report deals heavily with the breakdown, basically in communication with other countries. here at home, though, we are not perfect because since november 2001, just a few weeks after 9/11, there have been 25,000 security breaches at u.s. airports. that's about seven a day a
in history in terms of what we do with cut, cap and balance. we had a big disagreement last week over the mcconnell plan. today the president races out to your old podium. there's a new plan, hang on, six guys in a room. it is very frustrating to me that republicans are negotiating against themselves. they ought to be united supporting cut, cap and balance that is the best answer to the structural foundational problem fast we have in the economy. >> you are right in principle. cut, cap and balance does what you want it to do. but, it is not going to be a success. it is not going to go through. >> sean: why tkpwerb shea against yourself? >> i want a viable alternative to a downgrade of america's financial reputation. >> sean: moody's is saying it going to downgrade any way. s&p saying within maybe 90 days. >> cap -- >> cut, cap and balance doesn't go as far as the ryan budget went. the ryan budget was voted on unanimously by the house republicans. i do think that this debate is a good one to have. what i don't see is the 2012 candidates coming forward on the republican side and saying, taking
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was in favor of doing the big deal, i was in favor of the $4 trillion in deficit reduction, but the republicans refused because they wanted to protect tax breaks for corporate jets and tax breaks for hedge fund operators and wall street billionaires and i bent over backwards. he says that all the time, i bent over backwards, but they wouldn't do it. they kept insisting on ending medicare as we know it and cutting social security. there is so much more to come in the debt ceiling drama, but as of tonight, the republicans are coming increasingly close to giving the president everything he really wants in this crisis and everything he really needs to be able to say in his reelection campaign next year. joining me now is former governor howard dean, former chair of the democratic national committee and a cnbc contributor. thanks for joining me tonight, governor. >> lawrence, thanks for having me on. >> you know, when this crisis started and we started hearing tea party people saying forget it, let the nation default, i really saw no root to how the president could even get to where he is tonight. i
supporting the money people. all those are the owners of the big corporation and moving away from this country and taken to places where they don't pay no taxes. they pay lower salary. nothing for the working people. they take their jobs and put the food on the table of the other country. we have to stop that. we have to stop that. we have to get rid of that bunch of bandits out there. host: all right. we've got the point. remind our viewers coming up grover norquist will be here followed by the chairman of the congressional caucus. representative whip announced wednesday, he'll marshal democratic votes. >> how do you think the presidents are handling the debt talks? caller: i think they are handling it well for the most part. they are not willing to throw the middle class under the bus. right after this conversation you'll have grover norquist. they don't want to negotiate. how do you just default on the country. i don't understand the average american people standing up for them. all they are working for is corporation. i will never understand how so many of them got in. you ca
spending. alisyn: we have a big lineup on our show to talk about the debt. republican senator lindsey graham, and jim jordan, the head of the senate committee. we are asking you today about the debt debate. if the u.s. defaults are you worried it will be bad for your family or do you still don't see how it will impact you directly. go to our web site foxnews.com/americasnewsroom. bill: in 90 minutes we had 6,000 votes online yesterday. lines are open right now. what do you think? weigh on in. alisyn. that was new polls showing mitt romney leads the pack of announced presidential candidates. 27% support romney. but it dramatically closes if sarah palin, or rick perry or rudy giuliani are included. alisyn: there is new outrage over a decision not to cover healthcare benefits for 9/11 workers stricken with cancer. defenders of the move say there is little evidence that exposure to hazardous materials at ground zero caused the cancer. >> this is an insult to our intelligence' 53 funerals. 51 were because the person died of cancer. alisyn: rick leventhal is live in the news room. >> report
of understanding that too many have there in d.c., not understanding that obama's big government job killing policies are the antithesis of what our country needs to get back on the right track. our country was built on a strong foundation of reward for work ethic and development of our natural resources. here we've gone the opposite direction unobama with both those cornerstones. we are where we are now, moody's telling us -- telling us or aaa rate something under review because we don't have a plan to get us back on that solid footing. >> sean: we have to look at political reality and we've got to look at reality in terms of what we can get done now with where we are. the republicans have only one piece of congress, the house. the senate, harry reid runs that, the president runs the white house. what would be acceptable? you are a conservative, well-known in the tea party, i'm a registered conservative. i would refer cut, cap and balance. but cut now not 12 years down the road if you can't get that through, the country can't default, that's a reality you agree with, is that correct? >> tru
in the big picture. when you start going to one extreme or the other, you're not going to get anything done. everybody's egos are going to get hurt constantly. so, you know, there are so many different ways that they look at things. for instance, holistically, people that have been paying into social security have basically been paying with ious and stuff like that for a very long time. they are saying everybody has to be on the table. we have been on the table for the longest of time, giving i'll use. they actually said, ok. it is like looking at soldiers in iraq and saying, well, you have to put yourself on the table. that is the way to look at some of these things. i think that, if we get more congressmen -- it is difficult when they are being paid by big business and stuff. they say extreme things so that they know big brother is noticing that they are putting their plugs in for them. winning campaign financing to keep the map the point -- we need campaign financing to keep them at the point where they can look at things holistically. host: thank you for weighing in. we will talk about
amount as possible? >> they get a big of a deal. we will do it in a long term. >> it is a 1 month extension of the debt ceiling compared to doing it until 2012. >>, the risk is that you lose credibility in the markets about your willingness to experience a few did that, it would be important to send signals somehow that you have a plan. >> better to do it now than ever did in 2213 than a month at a time? >> thank you. >> thank you. thank you. i just have one question. in view is the largest holder of our treasury debt? is it the chinese government? is it the chinese institution? >> they have a lot of it. >> the reserve holdings is there. >> effectively, it became our debts and not paying this. we would be paying the chinese central bank. it would a probably raise the debt ceiling. there is used for the deficits that we face. we are trying to do that. ironically, when you do this, the irony and the priority is to the chinese central bank. it is lower on the pecking order. it would practically be seniors and social security recipients. that is the reality. >> the hearing record will
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
this morning across the pond that hsbc, the big international financier is looking at laying off 10,000 workers. obviously the double dip concerns are very, very pronounced. the near-term concern at least for wall street now potential that the guys in washington can come up with a deal. it looks like they will come up with something so they might have short-term relief if they get that. longer term, it seems to be as spotty as it looks i don't know if they will be relieved that long. >> shannon: just as you were speaking, senator harry reid, majority lead ore the senate took to the floor, they are back in session he said no agreement has been reached but he is cautiously optimistic. what do you think that will do to the market if that is the closest we get to an announcement of a deal today, with the market opening up overseas tonight and opening up here tomorrow? >> we are already seeing reaction in the middle east. those markets are open today. they have sunday trading in the middle east. saudi arabia falling close to 1.5% yesterday. and they're up. aman is down but there is a separate soap o
Search Results 0 to 47 of about 48 (some duplicates have been removed)